Pages

Weekly Roundup - March 2, 2013

Another week has flown by and now it's time for another roundup. At least as of Friday's close the markets had shrugged off the sequester cuts. For now all the worry was much ado about nothing,but we'll see if a patch is made over the weekend and how the markets react to the outcome next week. I didn't think the sequester cuts would be that bad, although in the long run they're not going to make a dent in the massive amount of debt the federal government has. Now how the markets would react there was no telling. Here's some blog posts that caught my eye during the week.

Challenging Budget Exercise for a High School Class - iHeartBudgets had a guest post from Evolving Personal Finance and she had recently watched an episode of Dawson's Creek that inspired a great budgeting project for high school students. I'm not sure if we should follow the choice of programming, but the budgeting exercise is top notch. If only our education system would throw this into the curriculum to really prepare students for the real world.Vegetable Garden Update - FreeinTenYears posted some pictures of his garden. I love this time of year with everything getting ready to bloom and can't wait until I get my own property to get my garden started. There's nothing like fresh veggies picked just 5 minutes before you're going to use them.

The Magical Doubling Penny - 1500 Days took us back to high school where a teacher of his proposed this scenario. It's funny because just a few days before he posted this I was thinking of the same thing from my high school years. You can have $10k today or a penny that doubles every day for a month. Which would you choose?

An Investment in Aflac - Dividend Growth Stock Investing looked back at what Aflac would have returned over the last 20 years. While it's not guarantee of future returns, I think anyone investing now will be very satisfied 2 decades from now.

2013 Spending Goal: Little Things Add Up - Leigh has been making changes to her budget and with everything she's done should be able to save an extra $2-300. It's great to look back every few months to see just where your money went and what you could change.

No problem. It's funny because I happened to recently think about the "Magical Doubling Penny" and then lo and behold there was a post about it. It's hard to keep up with all the great blogs so I like to try and point out some of the articles that I liked from the previous week.

As a stock broker, I am asked about investing secrets on an almost daily basis. One of the most frequent questions that I hear is which stock is the best one to buy. Everyone has seen a movie, read a book, or heard a story where the hero made it big overnight because of a few shrewd investments. This does happen from time to time, but it is by no means a sure thing. Even the best stocks can fail, and you never know when your luck might turn against you. If you are trying to be an investor, don't worry about finding the one best stock. Instead, build up a diverse portfolio.

When people ask about the best stock, they are usually looking for what is referred to as a high-risk stock. These stocks can go up or down with no warning. They are traded at high risk by day traders who know how to buy and sell stocks quickly and make a lot of money off of it. You buy low, sell, high, and then go onto something else. You never look back, keeping a constant rhythm of lucrative trades.

The problem with this approach is that it is as easy to lose money as it is to make it. Even the very best penny stocks can crash for no apparent reason when you least expect it. That is why the best stock portfolio does not rely exclusively on these risky trades. You want to mix things up whenever you get the chance. Buy a few risky stocks, but also spend some money on stable, long-term investments that stand a better chance of succeeding. That way, even if your risky investments do not do all that well for you, you won't be out a lot of money. You will have stable investments there to cover any losses.

The best stock investors do not rely totally on their gut instincts, but they do not go totally by the numbers either. It is really crucial that you take in as much info as possible before you get in to the market. Once you do that, you can consider yourself ready to play the stocks. Your instincts will be worth something, because you will know just what you are doing. You will not be ignorant of the rules of the market, so when you see the best stock, you will know it and grab it!payday loan online http://www.cashanytime.net

Disclaimer:

I am not a financial professional. I'm just a regular guy that is self-taught about investing. I am responsible for my decisions and you for yours. Any information received from this website is for informational/entertainment purposes only and should not be taken as investment advice. This site and author are not responsible for losses of any kind by readers. Investments can lose money. Please do your own due diligence and consult a financial/investment professional before investing any of your money.

There may be 3rd party ads or links to 3rd party products/services on this site or affiliate links. I may receive compensation for linking to certain products or services. This does not mean that I endorse/recommend said product or service. Recommended products/services can be found under the Reviews label.